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    OFF-MARKET
    Retail properties & Spaces

    1492 Canton Rd, Lakemore, OH 44250

    Built 1959
    Property ID
    Property summary
    AI-generated overview

    Lakemore Plaza, a 252,297 square foot community shopping center in Akron, Ohio, presents a compelling investment opportunity. This Class B property, built in 1959, sits on a 42.93-acre lot and comprises four single-story buildings. Currently, multiple retail spaces are available, ranging from 4,500 to 15,824 square feet. The center boasts strong anchor tenants including Save-a-Lot, Tractor Supply Co., Goodwill, and Jo-Ann Fabrics. A junior anchor space, several smaller shop spaces, and a former Huntington Bank outparcel building are also available for lease. Further development opportunities exist for outparcel construction, either for sale or build-to-suit. The property's strategic location near the signaled intersections of Routes 224 and 91 provides excellent visibility and accessibility. The surrounding area boasts a substantial population base, with over 118,000 residents and 44,000 employees within a five-mile radius. The property is zoned B-1 and its APN is 5402946. New ownership offers aggressive lease rates and terms. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1959
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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